Why is leasehold purchase conveyancing in Gravesend costs more?
Gravesend leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
I am purchasing a property and require a conveyancing solicitor in Gravesend who is on the Barclays Direct solicitor. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Barclays Direct in certain locations such as Gravesend. We dont recommend any particular firm.
What will a local search tell me concerning the property we're buying in Gravesend?
Gravesend conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Xpress Legal The local search is essential in every Gravesend conveyancing purchase; as long as you don’t want any nasty once you have moved into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who conducted the conveyancing in Gravesend 4 years ago are no longer around. Will I be able to sell the house?
In today’s world there are duplicates made of almost everything, and your conveyancer should be aware precisely where to look for all the appropriate paperwork so you may buy or sell your property without a hitch. Where copies are not available, your solicitor may be able to put in place insurance or indemnities protecting you against possible claims on the property.
Over the last few months I have been searching for a ground for flat up to £195,000 and found one close by in Gravesend I like with a park and station nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Gravesend suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a home loan the remaining unexpired lease term may be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I was pointed in your direction by a number of estate agents in Gravesend to get a quote from a conveyancer on your site. What’s the financial advantage for Estate Agents to recommend your services over another?
We refuse to make any financial incentive for directing people in our direction. We thought it would be too underhand a fee as a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.